SPDR Bloomberg Short Term High Yield Bond ETF
|
- Description
- Performance
- Fundamentals
- Rate Sensitivity
- Rating
SPDR Barclays Short Term High Yield Bond ETF is an exchange-traded fund incorporated in the USA. The Fund seeks to track the performance of the Barclays US High Yield 350mn Cash Pay 0-5 Yr 2% Capped Index. |
Category | Corporate |
Fund Sponsor | SSgA Funds Management Inc |
Website | www.spdrs.com |
Inception date | Mar 14, 2012 |
Assets (mns) | $4,577 |
Currency | USD |
Expense ratio | 40 bp |
Distributions | Monthly |
Regulation | Open-End Investment Company |
Custodian | State Street Bank & Trust Co |
Weighting | Market Cap |
Index replication | Optimized |
No. of constituents | 867 |
No of distinct issuers | 595 |
Inflation protected | 0% |
Variable/Fixed coupon | 4% /96% |
Non-standard maturity (callable, etc.) | 95% |
0.0% /00/00 | 1.4 % |
SPRINT CORP. 7.9% 9/15/23 | 0.7 % |
COMMUNITY HEALTH SYST 6.3% 3/31/23 | 0.7 % |
REYNOLDS GROUP ISSUER 5.8% 1/15/20 | 0.7 % |
TENET HEALTHCARE CORP 8.1% 4/01/22 | 0.6 % |
FIRST DATA CORPORATIO 5.8% 1/15/24 | 0.6 % |
NIELSEN FINANCE LLC 5.0% 4/15/22 | 0.6 % |
SOLERA LLC 10.5% 3/01/24 | 0.5 % |
HCA, INC. 7.5% 2/15/22 | 0.5 % |
CLEAR CHANNEL WORLDWI 9.3% 2/15/24 | 0.5 % |
TOTAL | 6.7 % |
---|
FORD MOTOR CREDIT COMPANY LLC | 2.4% |
AMERICAN AIRLINES, INC. | 1.2% |
CARNIVAL CORPORATION | 1.1% |
CCO HOLDINGS LLC | 1.0% |
ROYAL CARIBBEAN GROUP | 1.0% |
UNITED STATES | 78.5 % | |
CANADA | 4.6 % | |
UNITED KINGDOM | 2.1 % | |
IRELAND | 1.8 % | |
CAYMAN ISLANDS | 1.5 % |
HISTORICAL RETURNS
Custom date range | Compare to | ||
thru |
Year-to-date | 1 year | 5 years | 10 years | Since Incep. |
1.6% | 10.7% | 4.5% | 3.7% | 4.3% |
versus... | Beta | R-squared |
---|---|---|
Barclays Agg. Bond | 0.72 | 59% |
S&P500 | 0.32 | 70% |
MSCI EAFE | 0.33 | 72% |
MSCI Emg. Mkts. | 0.24 | 41% |
Recent close | $25.01 |
30d moving avg. | $24.68 |
Annualized volatility | 6.7% |
Short interest (ETF) | 0.8% |
Relative strength (RSI) | 77 |
Avg. volume (thou.) | 5,556 |
Avg. daily value traded (mns) | $139 |
Turnover | 3.0% |
Bid/Ask (% of price) | 0.04 |
DISTRIBUTION YIELD (TRAILING 12 MONTHS)
SJNK | 2.9 yrs | Category Avg.* |
4.6 yrs |
SJNK | 2.8% | Category Avg.* |
4.5% |
Change in YTM |
New YTM |
Est. Price Change |
Est. New Price |
+300 bp | 11.45% | -12.4% | $21.91 |
+200 bp | 10.45% | -7.4% | $23.17 |
+150 bp | 9.95% | -5.2% | $23.71 |
+100 bp | 9.45% | -3.2% | $24.20 |
+75 bp | 9.20% | -2.3% | $24.42 |
+50 bp | 8.95% | -1.5% | $24.63 |
+25 bp | 8.70% | -0.7% | $24.83 |
0 bp | 8.45% | 0% | $25.01 |
-25 bp | 8.20% | 0.7% | $25.18 |
-50 bp | 7.95% | 1.3% | $25.33 |
-75 bp | 7.70% | 1.8% | $25.47 |
-100 bp | 7.45% | 2.3% | $25.59 |
-150 bp | 6.95% | 3.2% | $25.80 |
-200 bp | 6.45% | 3.8% | $25.95 |
-300 bp | 5.45% | 4.3% | $26.08 |
*Fund Category: CORPORATE
ALTAR Score™
Calculation of ALTAR Score™ | ||
---|---|---|
Adj. Yield to Maturity | 845 | bp |
Less: Annual "default factor" | 362 | bp |
Less: Expense ratio | 40 | bp |
Equals: ALTAR Score | 4.43 | % |
Average ALTAR Score™ by Category | |
---|---|
Aggregate | 3.5% |
Corporate | 4.4% |
Emerging Market | 6.2% |
Government | 4.9% |
Inflation Protected | 3.0% |
Mortgage | 5.2% |
Municipals | 3.4% |
*Note: The SPDR Bloomberg Short Term High Yield Bond ETF is classified as a Corporate fund. |